Real estate lawsuit pits Situs vs. Situs
Texas real estate consultancy sues local brokerage over rights to name they both share.
Peter Schnitzler
Articles
Health care software firm RealMed regains momentum
RealMed enjoys a nearly 99-percent renewal rate among its current customers and attracted 4,000 new doctors
in 2009. Employment at the company is rising after a steady decline.
Assessor predicts 2010 property tax bills will be on time
Indianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first year since
2006.
St. Francis sues OrthoIndy over new surgery center
Legal complaint alleges new $20 million facility in Greenwood breaches partnership deal struck in 2001.
Some of city’s most successful money managers are father-son teams
All parents hope to teach their kids the value of money. Few end up successfully investing hundreds of millions of dollars
together. But for a handful of top local teams, wealth management is a family affair.
Stifel, Rokita reach settlement in auction-rate securities case
Agreement accelerates Stifel’s repayment of $54 million in auction-rate securities sold to 142 Hoosier investors.
City tries to raise cash by privatizing operations
Indianapolis Mayor Greg Ballard pulled out his predecessor Steve Goldsmith’s Republican playbook and began exploring a host
of privatization proposals in an effort to save money.
Newly opened racinos already face credit crunch
Clear signs emerged in 2009 that the Hoosier gambling market is oversaturated.
Major credit rating agencies expressed concerns that several casinos, including the state’s new horse track “racinos”
on the outskirts of Indianapolis, might go bust before the year was finished.
NEWSMAKER: Lathrop named new CIB chief
Ann Lathrop is the new CEO of the Marion County Capital Improvement Board, which oversees the Indiana
Convention Center, Conseco Fieldhouse and Lucas Oil Stadium in Indianapolis.
Banks gobble TARP money, suffer losses
The housing meltdown and recession gave banks in Indiana and across the nation their biggest test in decades.
Indiana banker meets with Obama, Geithner
Mark Schroeder, CEO of Jasper-based German American Bancorp, was one of just 12 community bankers who talked shop Tuesday
with the president and Treasury secretary.
Safis Solutions speaks ‘FDA’
Indianapolis regulatory compliance consultant Safis Solutions snares contracts with Eli Lilly, other big clients. CEO Ping
Poulsen has built company to 20 employees.
Estate tax confusion leaving family businesses in limbo
Federal estate taxes are set to expire next year, but increase in 2011. Confusion is leaving family businesses like Greenwood-based Byrd Enterprises in limbo. Vice President Jonathan Byrd II is still sorting through the aftermath of his father’s August death.
First Indiana Future Fund off to a slow start
More than half of the venture capital fund’s original investors took a pass on its $58 million successor, the newly launched
INext.
Legislators face unemployment insurance fund sinking into red
Indiana lawmakers are preparing to punt on 2009’s must-solve business issue in the hope of a federal bailout. However, it’s
anybody’s
guess how Washington will respond.
New BioCrossroads venture fund raises $58 million
The new INext fund is the successor to the $73 million Indiana Future Fund, which the life science initiative raised in 2003.
$60M Lilly Endowment grant to fund IU physician research
Indiana University, which has received nearly $600 million from the endowment over the last three decades, will leverage the
new gift to increase its
scientific discoveries and commercialize life science innovations.
Ballard rolls out tougher requirements for lobbyists
Lobbyists paid $1,000 or more to sway city or county officials will be required to report all activity online.
City mulls 6 proposals for use of Old City Hall
Visions for the empty historic building
range from offices to a museum. Two developers propose a boutique hotel on an adjacent parking
lot. Video bonus: Tour the landmark’s interior.
Indiana University launches $10M seed fund
The Innovate Indiana Fund will invest $5 million over the next five years to commercialize IU technologies and another
$5 million to help IU-affiliated startups get off the ground.